Pomdy
2hm: if away from ema for two or more hours, then fade ema and first ema gap bar
When the market stays on one side of the EMA without touching it for two hours or more, the trend is strong, but it may also be a sign of an overdone market that will soon reverse. The first touch is a high probability scalp for a test of the trend’s extreme, but wait for a price action entry in ...
#freeebook #freebook #ebook #book #Pomdy
Editor: ngoclinh
www.pomdy.com/book/reading-price-charts-bar-by-bar/chapte...
2hm: if away from ema for two or more hours, then fade ema and first ema gap bar
When the market stays on one side of the EMA without touching it for two hours or more, the trend is strong, but it may also be a sign of an overdone market that will soon reverse. The first touch is a high probability scalp for a test of the trend’s extreme, but wait for a price action entry in ...
#freeebook #freebook #ebook #book #Pomdy
Editor: ngoclinh
www.pomdy.com/book/reading-price-charts-bar-by-bar/chapte...